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Common Area Maintenance (CAM) Management

Operating Expense Reconciliation (OPEX) Management

Advanced Desktop Audit Manager (ADAM) contains innovative features that simplify the Common Area Maintenance (CAM) and Operating Expense (OPEX) reconciliation and lease audit process.

Released in late 2006, the Virtual Premise Advanced Desktop Audit Manger (ADAM) is revolutionizing the Common Area Maintenance (CAM) and Operating Expense (OPEX) reconciliation and lease audit process.  As the most comprehensive and simple-to-use CAM and Operating Expense reconciliation software product on the market, users can quickly identify opportunities to recover excess payments as a result of errors. 

ADAM was designed and developed in conjunction with our partner Asset Strategies Group (ASG), a leading retail CAM and operating expense reconciliation, energy management, and lease audit company.  Although the system was designed with a focus on the more complex needs of the retail and restaurant markets, ADAM is easily adapted by non-retail tenants to manage their CAM and operating expense reconciliation and audit processes. 

ADAM leads users through a simple to understand step-by-step process to set up filters, audit invoices and documentation tied to abstracted leases and generate landlord letters.  The system is very user friendly and leverages Virtual Premise’s advanced financial and document generation capabilities to request documentation and issue credit letters.

Features of this component include:

 

Key Features

  • Available in "Stand-alone" or "Virtual Premise Integrated" formats
  • Can be used with existing systems (Oracle, SAP, Accruent, AMT Direct, Tririga, etc)
  • Audit-optimized Abstract Forms included.
  • Lease-centric audit review
  • Simple Questionnaire-style input
  • User-definable filters
  • Real-time status and error checking
  • Error calculation and storage
  • Automated Document Generation for error, credit letters, requests for information and vouchers
  • Help Screens
  • Savings Log
  • Can be integrated with third-party accounting (AP and AR) software

For more information please refer to our product sheet or contact a sales representative :

Virtual Premise Software Editions

 

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